Fuel Fix

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Oil is headed for 1st monthly price drop since August

Oil dropped in New York, headed for its first monthly decline since August, on speculation fuel demand may falter amid a slowdown in the U.S. economic recovery and Europe’s continuing debt crisis.  More »
(Photo: Mike Hill)

Protection for lizard may threaten West Texas oil production

People in Midland like to say God felt such remorse for the dry, dusty landscape that he decided to give it oil. He also gave it the dunes sagebrush lizard, a reptile that could put a halt to oil and gas exploration and production in parts of West Texas and harm school budgets across the state.  More »
(Photo: Jason/Flickr)

See you on Tuesday

Hey there, FuelFix readers. If you logged on this morning expecting your usual dose of energy news and views from us, apologies: The markets are closed today and so are we.  More »
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An oil worker walks pass the manifold (right) and frac pumps (left) at a Chesapeake Energy hydraulic fracturing operation near Carrizo Springs, Texas on Thursday May 5, 2011. (Photo: John Davenport/San Antonio Express-News)

Technology key to Eagle Ford boom

In just the past few years advances such as horizontal drilling and hydraulic fracturing have made it possible to tap the oil and natural gas trapped in south Texas’ tight shale formations.  More »
Travelers in a motor home get an early start on the Memorial Day weekend in Los Angeles on Friday, May 27, 2011. (AP file photo/Damian Dovarganes)

Summertime squeeze: Gasoline prices crimp family budgets

Households spent an average of $369 on gas last month. Families now spend more filling up than they spend on cars, clothes or recreation. Last year, they spent less on gasoline than each of those things.  More »
A driver fills up his vehicle at a compressed natural gas station in Utah.  (AP file photo/Douglas C. Pizac)

Natural gas vehicle incentives fuel debate

Texas lawmakers showed some love this week for a bill to provide incentives for natural gas-fueled vehicles, but a similar bill at the federal level is beginning to get the cold shoulder.  More »
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Raise denial has 41 Exxon Mobil women boiling

The 41 clerical workers at the company’s chemical and refinery complex in Baytown are steamed, saying they’ve been denied raises — because of their gender – by a company that reported a $10.6 billion first-quarter profit this week.  More »
(Kevin Fujii / Houston Chronicle)

Alaskan showdown: Houston firm trying to get drilling rig into Alaskan waters

Houston-based Escopeta Oil & Gas has been trying for years to get a rig into Alaska’s Cook Inlet to drill for natural gas. A Chinese-flagged ship carrying the rig is getting close, but the U.S. shipping industry isn’t pleased. American actor Robert Duvall is just fine with the move, however.  More »
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Feds file new indictment in oil trader kickback case

Prosecutors this week dropped a cooperating witness from charges that several men allegedly bilked refiner LyondellBasell out of tens of millions of dollars, while pulling a New York firm into the scheme as part of money laundering charges.  More »
gop_gas

House GOP asks: Are you frustrated with high gas prices?

In a video bashing Democrats for being out-of-touch on energy and without a plan for rising oil prices, House Republicans accuse the Obama administration of keeping America’s energy resources under “lock and key.”  More »
(Photo: Anadarko)

Weekly U.S. rig count rises by 17, led by Texas

Of the major oil- and gas-producing states, Texas gained 16 rigs, New Mexico and Arkansas each added two and Oklahoma increased its numbers by one. Louisiana lost the most rigs, dropping by four, while California, Wyoming and North Dakota each lost one.  More »
electric_Power_pole

More power outages hit Texas City refiners

A broken power line insulator may be behind outages in Texas City and LaMarque that knocked some refineries offline Friday morning. Power was restored later in the day.  More »